PM-KUSUM Phase 2 and New Solar Initiatives Launched

Farmers are shifting from just growing food to also making energy. PM-KUSUM scheme successfully helped solarize over 2.8 million farm pumps by March 2026. Official data from July 31, 2026, shows 1.16 million standalone solar pumps and 1.65 million grid-connected pumps are now running.

## Future energy plans

Government authorities are preparing for PM-KUSUM 2.0 to grow this work. Also, PM-SSY project was approved on July 31, 2026. It aims to develop 5,000 MW of floating solar capacity across the country. This uses water bodies to keep rural power supplies steady.

These schemes offer new income options. Success depends on the financial health of state power companies and grid links. Farmers should watch for new policy rules to get the most benefit from these energy models.